Experienced in Industry Applications
The Fell professionals who administer our clients’ portfolios are experienced in a number of lease administration database applications and integrated workplace management solutions (IWMS). Our team is cross trained not only in the basic functionality of the platforms, but specifically in the various disciplines – abstraction, database management and rent payment processing – in all of the systems. We have technical support and guidance from our IT consulting team, as well as from all vendors providing service, training and support of the particular applications.
As Fell operates and reviews many lease administration software applications on a continuous basis, we are aware that there are a number of very functional systems available for our clients to use in the market. By virtue of our experience, Fell will assist the client in selecting a system that best meets the firm’s needs. We currently do not advocate any particular system nor do we offer a proprietary system.
Disadvantages of proprietary software systems supplied by real estate service vendors are many. Foremost among these, it is generally difficult and expensive to extricate your company (and your data) from this type of relationship in the event you decide to switch software or providers. Additionally, real estate service companies are experts in real estate, not technology. They rarely devote the time and attention to research and development that we see dedicated by SaaS (Software as a Service) providers. Finally, the proprietary systems tend to be “one-size-fits-all” in comparison to the highly customizable solutions available in the marketplace.